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$84,000

507 S Taylor Street, Gainesville, TX, 76240

$109,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$60.84 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesNone

Exterior

Lot Size8,864 sqft

Building Information

Year Built1920
Roof Type105
Garage Spaces1

Land Information

APN7463
Lot Number2
SubdivisionBelmont
Land UseResidential
Legal DescriptionBELMONT; BLOCK 1; LOT 2 & N 10' OF 3; 507 S TAYLOR ST, GAINESVILLE TX 76240
Census Tract001100
Assessed Land Value$36,085
Assessed Improvement Value$56,877
Assessment Year2025

About this property

This property is full of potential and ready for someone to make it their own. Sold as-is for cash only, it has great bones and a layout that can be transformed into a beautiful home. While it needs work, it offers an incredible opportunity for the right buyer to create something special. Schedule a showing or walkthrough by appointment and see the possibilities for yourself.

Investor Tools

Property Icon
$84,000
Estimated Property Value
$0Estimated Mortgage Balance
$84,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$109,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$510 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$91/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$671
$71,143
2025
$36,085
$56,877
$92,962
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$671
$71,143

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$84,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,050/mo
N/A
+$1,050/mo
15.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Gainesville

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507 S Taylor Street | Property Details | No Agent List